Mukhyamantri udyami yojana loan: If you are thinking of starting a new business and you do not have money due to which you have not been able to start your business yet, then this article can prove to be very important for you because in today’s article we are going to talk about a new campaign of the government.
Where every youth is being provided a loan of five lakh rupees absolutely free. Under which you will neither have to give any guarantee nor will you be charged any interest on this money and along with this, you will also be given a subsidy of 10 percent here and the name of this campaign is Mukhyamantri Yuva Udyam Vikas Abhiyan, under which a loan of five lakh rupees will be provided to one lakh youth every year.
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To start your own business and for the next 10 years, a loan of five lakh rupees will be provided to 10 lakh people. To start their own business, all those youths who do not have money but have skills, ability and talent, but due to lack of money, they have not been able to start their own business till date.
So here, under this campaign, you will get help directly from the government, in which neither any interest will be charged from you nor you will have to give any guarantee. Neither will you have to deposit your land papers in the bank. That is, despite you not having anything, the government is giving you five lakh rupees to start a new business.
Complete information about Mukhyamantri Udyami Yojana loan
So now we go to the government website of this campaign where we will know in detail what this campaign is, what documents you should have, what are the conditions of the government, how much education you should have. If I talk about education, even if you are only eighth pass, it will be fine. The minimum education here should be eighth pass.
If you have taken this much, then you will get a loan of five lakh rupees. Let’s see. For this, you will open Google on your mobile phone and type CM Yuva Udyami Yojana. After that you will see the first link of the government website, you will click on it.
This is the website of Mukhyamantri Yuva Udyami Vikas Abhiyan. It is a government website. It will open on the screen of your mobile phone and here you can see that the dreams of the youth have millions of wings. With Mukhyamantri Yuva Udyami Vikas Abhiyan. Now before moving forward in the article, let me tell you that if you belong to UP, then this scheme is for you because it is not for those outside UP because the Uttar Pradesh Government has launched this scheme.
Government’s thinking in Yuva Udyami Yojana
Now here you should also know the main points of the scheme, what information has been given by the government. Here you can see that 1 lakh youth will get self employment opportunities every year and in 10 years, a total of 10 lakh youth will get self employment opportunities. Here you can get an idea of how big a campaign this government campaign is going to run. It has already started and lakhs of people have applied for it so far.
1 lakh youth will be given Rs. 5 lakhs every year to start their own private business and in the next 10 years, 10 lakh youth will be provided employment. Here you can see that the government has kept a condition that your age should be between 21 and 40 years. That is, this opportunity is being given to the youth and you should have a minimum educational qualification of 8th pass and a skill trainer certificate from a recognized institute. That is, you should also have a skill certificate.
Skill certificate means that you are a craftsman of something, you make something or anything. You have taken any training from anywhere, you should have a certificate for the training you have taken. But here the government has given you another relief that by chance if you do not have any certificate yet. But you are capable. You are a craftsman. If you have taken training from somewhere but do not have a certificate, then also you can apply in this scheme.
Is interest free in Yuva Udyami Yojana or not?
Next you will see that 100% interest free and guarantee free loan on industries and service projects up to Rs. 5 lakh means that you will not be charged any interest on the loan of Rs. 5 lakh given to you. This loan will be 100% interest free and you do not have to give any guarantee. The biggest work of the government is done here.
Now we will see further here. On the fourth point, 10% margin money grant on the project cost means that you will get 10% subsidy on whatever loan the government will give you. Along with this, you should also know the eligibility conditions here. We have already told you that your age should be between 21 to 40 years. You should be at least 8th pass.
Meaning you should have taken this much education and along with this you should have a skill related certificate from any recognized institution or any university. Diploma or degree will also work and along with this, the applicant should have any other central or state government scheme which includes interest and capital component, that is, any scheme from the government, if you are taking any scheme in which you have got interest exemption, subsidy, if you are getting its benefit. Here is another information.
Except PM Swanidhi Yojana, that is, if you are taking advantage of PM Swanidhi Yojana. Apart from this, in any government scheme where you have got loan, subsidy, interest exemption, then you will not be able to apply in this scheme. Next you will see the necessary documents for the scheme, know here. That is, you should have a skill certificate.
Qualification for Mukhyamantri udyami yojana loan
Skill certificate, instructor certificate, computer instructor certificate, training received from ITI. If you have any certificate of this type, then you will be able to apply in it. But as I told you earlier that the government has also given information that if you do not have any training, you do not have any certificate, then also you will be able to apply for it. Now here you can see the project document, that is, you have to make a project report of yours.
Whatever business you are going to do, whatever project you are going to start, your idea of doing business should be a little innovative. The government is a little insistent on this thing that you will get a loan only if you do something different. Meaning you have to make some such report of your project which is different from the most, which is new work because the government is going to bring new things here which will increase your employment. Now coming here, you will see that GST is optional here, it is optional.
If you have an Udyam Certificate, then that will also work. GST is optional, Udyam Certificate is not there. There is nothing to worry about. You can leave it blank. Next you will see where information has been given about your personal documents, it is very important to have a PAN card. You should have a PAN card and along with it, you should also have to mention how long you have been residing at the given address.
That is, the address where you want to start your business or the address you will give in your future application, a residence certificate of that should be certified by the village head or ward member as to how long you have been residing at that address. That means you can also apply as your domicile.
Attachment with the bank to take Mukhyamantri Udyami Yojana loan
Along with this, you can see here the contact history with the loan provider bank, that is, the bank in which you already have a savings or current account, what kind of transaction is going on with that bank, related to that you have to attach your bank statement or a copy of the first page of your savings account passbook, that is, a photocopy and along with this, you have to download an affidavit certified by a notary.
When you start applying, you get an affidavit there. You have to take a printout of it and get it notarized. You have to upload that affidavit certified by a notary. OK. Next we see the educational qualification certificate, which you should have at least passed eighth. If you have taken education more than this, then it is very good.
Next you will see the age certificate. Your Aadhar card will be used in the age certificate. If you have your birth certificate, then it is even better. Next you will see the signature and your photo. You have to upload all these documents. Before applying for the scheme, you have to get all these documents ready. Now coming here, I will tell you in which banks you should have an account.
Here you can see the supporting banks which are supporting the government. Axis, HDFC, ICICI, State Bank of India, Bandhan Bank, CSB Bank, Kotak, Punjab National Bank, RBL Bank, there are many such banks here. If you have an account in any of these banks, then you can apply to them. You can use those banks to get this loan.
How to Apply Mukhyamantri udyami yojana loan
Next we will know how to apply for it here. To apply for it, you will come to this portal. I have given its link in the description of the article. You can also come here directly by clicking on it. From here your application will be registered to get a loan of five lakhs. Now even after opening this portal here, you can see here that the main points of the scheme and the eligibility conditions given by the government, you will read them here once properly, which I have just told you earlier.
Now to apply in this, you will see here New User Registration. You will click on it. After clicking on it, this form is a small form, you have to fill it here. Like now see here you will see that first of all you have to select the scheme. Choose Mukhyamantri Yuva Udyam Vikas Abhiyan from here.
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After that you will enter your Aadhar card number, validate it. After that an OTP will be sent to the registered mobile number of the Aadhar card. Enter that OTP here, then verify it. After verifying, tick on the terms and conditions here, after that you will see that the personal details here will be automatically filled like your name, date of birth, father’s name, after that enter your mobile number, email ID-enter your email ID.
Your state will remain selected here. After that choose the district from here, choose whatever your district is. After that fill this captcha code here and then finally submit it here. What will happen after submitting is that your user ID, password will be shown to you on the screen of your mobile phone. You can see that user ID, password once from here.
Enter the user name here, enter your password, after that fill this captcha code here and login. In this way, you have to log in here first. After logging in, you will have to fill a long form where you have to upload all the documents from your personal details to your banking details and all the documents that you were told.
After that, as soon as you finally submit, all your information related to this scheme will be sent to the bank you have chosen and along with this, take a printout of all the documents you have uploaded here and the form that you have just filled, create a file and attach your project file to it and you will have to go to the bank from which you have applied for a loan.
Your file has to be submitted there and after that a loan of five lakhs will be sent to your bank account. So in this way, by joining this new campaign of the government, you can start a new business of your own by getting a loan of five lakh rupees and that too without any interest, without any guarantee. Along with this, you will also get a subsidy of ten percent here.
So I hope that the information given to you in this article today, I hope you liked it very much. Best wishes for your new business. Hope you will apply this application along with this article and start a new business of your own. So friends, that’s all in this article for now, see you in another next article.
Who can apply for Yuva Loan Yojana?
Only those who are educated and have passed class 8 can apply for Mukhyamantri Loan Yojana online. And they should have knowledge of doing some work.
Conclusion
But before leaving the article, I would request you to share this article with all your friends who need money, all the people who ask you to lend some money but you are not able to give it to them because you are also insecure and you also do not have money or all those people who ask you many times that brother loan